Economy Power

Turkish thermal power generation increased in June, up 5.3% y-o-y.

Turkish manufacturing sector expanded in June to the highest level since November 2013. This signals a strong improvement in industrial production as well as domestic and foreign demand. Increase in industrial activity led to raise in thermal power generation during the month. However, lower than usual hydroelectric generation contributed to an overall decline in power generation in June. 

Turkish power generation declined to 22.6TWh in June, mainly on the back of lower renewable generation. Power output declined by 2.4% m-o-m and was 1.4% lower y-o-y.

Despite that thermal power generation increased to 15.8TWh, up 13.4% m-o-m and up 5.3% y-o-y. This includes coal-fired generation, which increased to 4.3TWh, up 3.6% m-o-m and up 1.9% y-o-y.  Lignite-fired generation increased to 3.3TWh, up 19.7% m-o-m and up 3.5% y-o-y. Gas-fired generation increased to 7.8TWh, up 4.2% m-o-m and up 6.9% y-o-y.

On the other hand, renewable power generation declined to 7.1TWh, down 25.3% m-o-m and down 14.4% y-o-y. This includes hydro generation, which declined to the lowest level since February, at 5.3TWh, down 8.5% m-o-m and down 17.9% y-o-y. Generation from other renewable sources such as wind, biomass and waste totalled 1.8TWh, down 14.4% m-o-m but still was 16.5% higher y-o-y.

Turkish power output increased to 139.5TWh in H117, up 5.4% y-o-y. Thermal power generation increased to 92.9TWh, up 8.5% y-o-y. This includes coal-fired output, which increased to 24.8TWh, up 2.2% y-o-y. Lignite-fired output increased to 18.7TWh, up 3.9% y-o-y. Gas-fired generation increased to 46.7TWh, up 13.1% y-o-y.

On the other hand, renewable generation declined to 47.9TWh in H117, down 2.3% y-o-y. This is due to fall in hydro power output to 35.3TWh, down 5.8% y-o-y. However, power generation from other renewables increased to 12.6TWh, up 35.7% y-o-y.

Source: TEIAS, Turkish Chamber of Commerce. 

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